Convert Mauritanian Ouguiya to Moroccan Dirham
Please provide values below to convert Mauritanian Ouguiya [MRU] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Moroccan Dirham
1 MRU = 4.43605341740395 MAD
Example: convert 15 MRU to MAD:
15 MRU = 15 × 4.43605341740395 MAD = 66.5408012610592 MAD
Mauritanian Ouguiya to Moroccan Dirham Conversion Table
| Mauritanian Ouguiya | Moroccan Dirham |
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Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.